Pinnacle West Capital Corporation (PNW)
| Market Cap | 11.84B +8.5% |
| Revenue (ttm) | 5.55B +5.7% |
| Net Income | 640.11M +11.1% |
| EPS | 5.19 +7.9% |
| Shares Out | 121.20M |
| PE Ratio | 18.81 |
| Forward PE | 19.77 |
| Dividend | $3.64 (3.73%) |
| Ex-Dividend Date | Aug 3, 2026 |
| Volume | 779,957 |
| Open | 98.09 |
| Previous Close | 97.71 |
| Day's Range | 97.48 - 98.38 |
| 52-Week Range | 85.32 - 111.16 |
| Beta | 0.44 |
| Analysts | Hold |
| Price Target | 105.85 (+8.38%) |
| Earnings Date | Aug 4, 2026 |
About PNW
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns ener... [Read more]
Financial Performance
In 2025, Pinnacle West Capital's revenue was $5.34 billion, an increase of 4.20% compared to the previous year's $5.12 billion. Earnings were $616.53 million, an increase of 1.27%.
Financial StatementsAnalyst Summary
According to 16 analysts, the average rating for PNW stock is "Hold." The 12-month stock price target is $105.85, which is an increase of 8.38% from the latest price.
News
Pinnacle West price target lowered to $94 from $97 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Pinnacle West (PNW) to $94 from $97 and keeps an Equal Weight rating on the shares.
Pinnacle West price target lowered to $101 from $107 at Truist
Truist analyst Richard Sunderland lowered the firm’s price target on Pinnacle West (PNW) to $101 from $107 and keeps a Hold rating on the shares as part of a broader…
Pinnacle West price target raised to $106 from $101 at TD Cowen
TD Cowen raised the firm’s price target on Pinnacle West (PNW) to $106 from $101 and keeps a Hold rating on the shares. The firm cites a constructive outlook on…
Pinnacle West Capital Slides: Investor presentation
Pinnacle West Capital has posted slides in relation to its latest quarterly earnings report, which was published on August 12, 2026.
Pinnacle West Capital Earnings Call Transcript: Q2 2026
Q2 saw robust sales and customer growth, with EPS at $1.43 and strong performance in both residential and commercial segments. Major investments and infrastructure projects are underway to support Arizona's rapid economic expansion, with full-year EPS expected at the top end of guidance.
Pinnacle West Capital Earnings release: Q2 2026
Pinnacle West Capital released its Q2 2026 earnings on August 4, 2026, summarizing the period's financial results.
Pinnacle West Capital Quarterly report: Q2 2026
Pinnacle West Capital has published its Q2 2026 quarterly earnings report on August 4, 2026.
Pinnacle West Capital Slides: Q2 2026
Pinnacle West Capital has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 4, 2026.
Pinnacle West Reports Lower 2026 Second-Quarter Financial Results Compared to a Year Ago
PHOENIX--(BUSINESS WIRE)--Pinnacle West releases 2026 second-quarter financial results.
Pinnacle West still sees FY26 EPS $4.55-$4.75, consensus $4.72
08:21 EDT Pinnacle West (PNW) still sees FY26 EPS $4.55-$4.75, consensus $4.72
Pinnacle West price target raised to $97 from $95 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Pinnacle West (PNW) to $97 from $95 and keeps an Equal Weight rating on the shares. The firm updated its price targets…
Pinnacle West price target lowered to $104 from $106 at BMO Capital
BMO Capital lowered the firm’s price target on Pinnacle West (PNW) to $104 from $106 and keeps a Market Perform rating on the shares as part of a broader research…
US power companies scramble to secure equipment as surging data center demand strains supplies
Skyrocketing demand from artificial intelligence data centers is exacerbating shortages of critical grid equipment like transformers across the U.S., driving up costs, stretching out wait times and sp...
Pinnacle West Sets Date for 2026 Second-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2026 second-quarter financial results before U.S. financial markets open on Tuesday, Aug. 4, 2026.
From Legacy to Future: APS Plans to Convert Cholla Power Plant to Natural Gas
PHOENIX--(BUSINESS WIRE)--Arizona Public Service (APS) announced today it plans to convert two units at its Cholla Power Plant in Joseph City, Navajo County, Arizona to natural gas. The repurposed res...
Pinnacle West price target raised to $108 from $102 at Barclays
Barclays analyst Nicholas Campanella raised the firm’s price target on Pinnacle West (PNW) to $108 from $102 and keeps an Equal Weight rating on the shares as part of a…
Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital declared a quarterly dividend payable on Sept. 1, 2026, to shareholders of record at the close of business on Aug. 3, 2026.
Pinnacle West price target raised to $95 from $92 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Pinnacle West (PNW) to $95 from $92 and keeps an Equal Weight rating on the shares. The firm updated its price targets…
Pinnacle West price target lowered to $105 from $108 at Truist
Truist analyst Richard Sunderland lowered the firm’s price target on Pinnacle West (PNW) to $105 from $108 and keeps a Hold rating on the shares as part of a broader…
Pinnacle West price target lowered to $92 from $98 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Pinnacle West (PNW) to $92 from $98 and keeps an Equal Weight rating on the shares. The firm updated its price targets…
Pinnacle West price target raised to $101 from $100 at TD Cowen
TD Cowen raised the firm’s price target on Pinnacle West (PNW) to $101 from $100 and keeps a Hold rating on the shares. The firm updated models in the utilities…
Pinnacle West Capital Transcript: AGM 2026
Shareholders received updates on robust growth, major infrastructure investments, and continued dividend increases. All director nominees were elected, executive compensation was approved, and the auditor was ratified. Key challenges included managing rapid demand growth and maintaining affordability.
Pinnacle West price target raised to $102 from $101 at Barclays
Barclays analyst Nicholas Campanella raised the firm’s price target on Pinnacle West (PNW) to $102 from $101 and keeps an Equal Weight rating on the shares post the Q1 report.
Pinnacle West Capital Earnings Call Transcript: Q1 2026
Q1 2026 saw strong EPS growth, driven by higher transmission revenue, robust customer and sales growth, and lower O&M. Infrastructure investments and subscription model contracts are supporting Arizona's rapid economic and industrial expansion.
Pinnacle West Capital Earnings release: Q1 2026
Pinnacle West Capital released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.